FreightWaves SONAR

FEBRUARY 2, 2021

That’s where freight indices come into play. Emerging technologies from automation to delivery drones to the Internet of Things have the potential to transform the freight industry, disrupting old business models and changing the nature of freight jobs.” Instantaneous analysis. Consistent data collection.

Supply Chain Planning Software 52

Supply Chain Planning Software Freight Supply Chain Software Resource Reduction 52

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. It always goes back to using data as a best practice for all aspects of freight management. Improved predictive analysis and projection with logistics automation data and insights. Download the White Paper.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

RPA Labs

MAY 19, 2022

That’s the average response rate for a freight forwarder to respond to a quote request as uncovered in this unique approach by automation workflow company, RPA Labs. While we’ve heard this sentiment time and time again, have freight forwarders really changed the way they respond to customers? But don’t take our word for it. Top 50 FFs.

Freight forwarding 52

Freight forwarding Supply Chain Software Freight Supply Chain Design Software 52

RPA Labs

AUGUST 19, 2021

Everything from freight document management to shipment tracking to payment tracking can benefit from automation and robotic processes. Robotic process automation (RPA) can improve operations with BOLs, delivery alerts, freight document recording, real-time monitoring, drop-off confirmation, and payment verifications. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

RPA Labs

AUGUST 19, 2021

Everything from freight document management to shipment tracking to payment tracking can benefit from automation and robotic processes. Robotic process automation (RPA) can improve operations with BOLs, delivery alerts, freight document recording, real-time monitoring, drop-off confirmation, and payment verifications. .

Document 40

Document Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 40

FreightWaves SONAR

FEBRUARY 25, 2021

Automation continues to prove its value in building transportation and freight management relationships. It always goes back to using data as a best practice for all aspects of freight management. Improved predictive analysis and projection with logistics automation data and insights. Download the White Paper.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

FreightWaves SONAR

APRIL 29, 2021

That has also increased the pressure on retailers to keep other freight and logistics costs low with more capital and expense being dedicated to the development of new omnichannel strategies. . Evaluating freight flows for private fleet conversion. . Deciding on the timing of freight bids. Inflation in freight costs.

Negotiating Skills 52

Negotiating Skills Cost Reduction Data Sourcing Strategies 52

FreightWaves SONAR

NOVEMBER 16, 2020

Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

FreightWaves SONAR

DECEMBER 29, 2020

And in recent years, the application of freight analytics has grown more manageable and faster to use. Yes, analytics add value, but that value often gets overshadowed by the sheer volume of freight data insights available. Remember, transportation brokers ’ whole business is freight management. That is simply unacceptable.

Data 52

Data Negotiating Skills Transportation Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 5, 2021

For example, trades that are made through the Robinhood app are executed by hedge funds like Citadel. Another example is a carrier that pushes rate increases on shippers when the market doesn’t support that action, and vice versa, when large shippers push rate decreases on carriers when the market doesn’t support that action.

Trucking 98

Trucking Negotiating Skills Logistics Network Optimization Software Data 98

FreightWaves SONAR

NOVEMBER 9, 2020

Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. For example, ULSDR.CHI shows the average wholesale price of diesel in the Chicago market while ULSDR.USA shows the average wholesale price of diesel nationally. SONAR Tickers : ULSDR.USA , ULSDR.CHI.

Purchasing Skills 52

Purchasing Skills Price Reduction Data Cost Reduction 52

FreightWaves SONAR

JUNE 10, 2021

In the example above, El Paso has the lowest score, meaning that specific market is showing the most unfavorable or deteriorating capacity conditions in the country. In the example above, the El Paso market has increasing outbound tender volumes, decreasing inbound tender volumes, and sharply increasing outbound rejection rates.

Trends 52

Trends Capacity Outbound Inbound 52

Ship Monk

NOVEMBER 14, 2022

vs. 2021 , supply chain and freight issues have resulted in numerous inventory challenges, costs have been challenging to predict, and we have entered (and exited) a technical recession whose reach and effects are still to be fully determined. Ecommerce growth is expected to be up about 2.5% Part 2: Tips for Peak Season 2022.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Freightos

NOVEMBER 21, 2023

More Resources Home November 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 25% to $4.23/kg.

Optimal Sourcing 113

Optimal Sourcing Negotiating Skills Price Reduction Demo 113

Freightos

DECEMBER 6, 2023

More Resources Home December 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices fell 5% to $4.24/kg. Europe – N.

Negotiating Skills 95

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 95

Transporeon

MARCH 22, 2018

Freight RFQs are complex, and almost every procurement project is unique in its design. However, almost all freight RFQs have one thing in common: Prices and information in the offer matrices are typically line-based queries by destination. In the example, the lanes 1 and 2 would be 100% awarded to "Carrier B."

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

FreightWaves SONAR

APRIL 27, 2021

In addition to typically saving shippers 10%-15% in freight costs and halving the fuel surcharge, intermodal releases commensurately less greenhouse gas. . But, analyzing the real-world freight shipments of major CPG companies reveals the complications and constraints of that conversion process.

Picking 52

Picking Purchasing Skills Sourcing Strategies Outbound 52

Blue Grace Logistics

JUNE 21, 2018

Transportation Management Workflow may be defined as a supply chain workflow that connects and links the various parties involved along the chain from, for example, the seller’s warehouse to the buyer’s warehouse. A well designed and effective TMS is of paramount importance in: Reducing freight costs. Freight audit.

Cost Reduction 49

Cost Reduction Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 49

GlobalTranz

FEBRUARY 24, 2015

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. With freight costs rising, the task of teasing out hidden costs is becoming increasingly critical.

Data 94

Data Transportation Cost Reduction Material Savings 94